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Sunday, 08 January 23
INDIAN COAL POWER PLANTS SHOULD BE COMPENSATED FOR 2022 FORCED GENERATION – REGULATOR : REUTERS
Indian power plants that rely on imported coal should be fully compensated when forced to supply electricity, the country’s power regulator said on Tuesday, paving the way for companies to recover losses resulting from a government order last year.
In May, India invoked an emergency clause in the Electricity Act to direct plants using imported coal to resume generation to meet high demand. The power stations, with a combined capacity of about 17 gigawatts, had ceased operating due to high coal prices.
Power tariffs for plants using imported coal should cover their costs as well as a “reasonable profit margin,” the Central Electricity Regulatory Commission (CERC) said in an order dated Jan. 3.
The order came after Tata Power Co Ltd TTPW.NSappealed to the CERC against the tariff fixed by the power ministry after the directive last year forced them to keep operating to avert a power crisis in the country.
Other companies, including Adani Power ADAN.NS and JSW Energy JSWE.NS, would now be able to claim compensation for being compelled to supply electricity during that period, an industry official said.
Tata Power said the CERC order would benefit its power plant at Mundra in Gujarat, which burns imported coal. The plant would recover the full cost incurred for supplying power under the emergency direction last year, it said in a statement.
“We are thankful to the CERC for granting all prayers in our favour,” the company said.
The CERC order also said that the tariff that the power ministry had allowed under the emergency provision had been interim and no longer applied.
Source: Reuters
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Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...
Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...
Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...
Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments ...
Wednesday, 07 December 22
MARKET INSIGHT - INTERMODAL
China’s coal imports from January to October were 230.1m mt, a decrease of around 10.7% y-o-y (2021 totalled 323.2m mt). The question is if t ...
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Directorate Of Revenue Intelligence - India
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- The Treasury - Australian Government
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Aditya Birla Group - India
- Planning Commission, India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Ministry of Finance - Indonesia
- Global Green Power PLC Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- South Luzon Thermal Energy Corporation
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Trasteel International SA, Italy
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- White Energy Company Limited
- Anglo American - United Kingdom
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Renaissance Capital - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- CNBM International Corporation - China
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Ceylon Electricity Board - Sri Lanka
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Minerals Council of Australia
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Iligan Light & Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Medco Energi Mining Internasional
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
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